General Electric Company (NYSE:GE), was the recipient of a large growth in short interest during the month of June. As of June 13th, there was short interest totalling 69,368,486 shares, a growth of 5.9% from the May 30th total of 65,480,818 shares, AnalystRatingsNetworkreports. Based on an average trading volume of 23,425,152 shares, the days-to-cover ratio is presently 3.0 days. Currently, 0.7% of the company’s stock are sold short. General Electric Company (NYSE:GE), net profit margin is 8.60% and weekly performance is 2.17%. On last trading day company shares ended up $28.86. Analysts mean target price for the company is $28.90. General Electric Company (NYSE:GE), distance from 50-day simple moving average (SMA50) is 1.28%.
On July 02, 2014, Viad Corp (NYSE:VVI), announced that it completed the acquisition of the West Glacier Motel & Cabins, the Apgar Village Lodge and related land, food and beverage services and retail operations. This acquisition is expected to be accretive to Viad’s 2014 earnings. Viad Corp (NYSE:VVI), advanced 2.36% in last trading session and ended the day on $24.70. VVI, Gross Margin is 4.20% and its return on assets is 6.90%. Viad Corp (NYSE:VVI), quarterly performance is 2.75%.
On June 13, 2014, Priceline Group Inc (NASDAQ:PCLN), and OpenTable, Inc. OPEN +0.15% announced that they have entered into a definitive agreement whereby The Priceline Group will acquire OpenTable for $103 per share in an all cash transaction valued at $2.6 billion. Priceline Group Inc (NASDAQ:PCLN), shares moved up 0.43% in last trading session and was closed at $1,243.12, while trading in range of $ 1,238.07 – 1,247.44. Priceline Group Inc (NASDAQ:PCLN), year to date (YTD) performance is 6.94%.
On July 02, 2014, Barrick Gold Corporation (USA) (NYSE:ABX), is looking to sell its Golden Sunlight mine in Montana, the Wall Street Journal reported Wednesday, citing people familiar with the matter continuing a two-year-long drive to shed noncore assets. Barrick Gold Corporation (USA) (NYSE:ABX), ended the last trading day at $18.44. Company weekly volatility is calculated as 2.24% and price to cash ratio as 7.91. Barrick Gold Corporation (USA) (NYSE:ABX), showed a negative weekly performance of 2.39%.